309 H Coleman LaneTabor CityNC28463
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Tabor City at 309 H Coleman Lane, Tabor City, NC, 28463 with 5% annual appreciation on a $274,950 basis while $1,691/mo rent supports operations. Total monthly income totals $1,691/mo and a $1,346/mo payment preserves $15/mo for cash returns. Annual cash flow comes to $181/yr on $91,146 deployed, and return on cash invested reaches 20.11% in year one. Equity gained on principal adds $1,774/yr, and five-year appreciation sums $75,964 alongside rental yield of 7.38%. Five-year ROI measures 103.82% and total cumulative return in cash totals $94,627.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,691/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2017
5.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28463, Tabor City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,349 (100%) |
| Owner Occupied HU | 2,022 (60.4%) |
| Renter Occupied HU | 967 (28.9%) |
| Vacant Housing Units | 360 (10.7%) |
| Median Home Value | $190,774 |
| Average Home Value | $197,950 |
Housing Distribution
Address Breakdown
Residential
3,443
Single Family
3,225
Multi-Family
218
Businesses
268
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Listed by: Chris Ward • Beach Connection Realty
Mls Name: Hive MLS
Mls ID: #100518984